Factory space acquisition

Cube Glass is set to nearly double the size of its premises in Cumbernauld’s Tannoch Place with the purchase of its 4,200ft2 factory unit, in a bid to build a 3,800ft2 factory extension.

The acquisition also includes enough land to build another 1,700ft2 unit for a further possible expansion.

Gary Thorn, Cube Glass founder and managing director, said: “A positive response from North Lanarkshire Council to our planning application will result in our building a much-needed extension that will permit us to get closer to fulfilling our company’s potential.

“The additional space should deliver a 20% rise in turnover since we will be able to bid for larger aluminium curtain walling jobs with higher contract values. We will also be buying a couple of large CNC machines to carry-out this anticipated additional work.

“In addition, with this increased capacity we will be able to meet customer demand for these bigger jobs which, in turn, secures the jobs of our existing workforce. A further spinoff will be the creation of up to four new jobs, including a couple of apprentices. We hope, again subject to planning consent, to be in a position to move into the new extension by the end of 2020.”